Showing 1 - 10 of 261
Persistent link: https://www.econbiz.de/10001540407
The last 10 years has seen an explosion in cross country econometric studies of growth, driven by two factors---new mathematical models of the growth process that lend themselves to econometric testing, and new data sets that make such testing possible. This paper looks at a selective review of...
Persistent link: https://www.econbiz.de/10014140551
"Red flags" are indicators of potential issues regarding governance failure, collusion or corruption in projects. While some specific red flags can be powerful indicators of issues to be addressed, the hypothesis of this paper is that many proposed red flags are potentially too ubiquitous and...
Persistent link: https://www.econbiz.de/10011394537
Construction governance failures can lead to the construction of the wrong infrastructure, poor quality construction, and excessively high prices for work. There is some evidence from both other sectors and the construction sector itself that improved transparency, especially when combined with...
Persistent link: https://www.econbiz.de/10011394541
A number of recent survey articles express hope that new data from enterprise surveys would shed new light on corruption complementing the corruption perception index by Transparency International. The paper explores this using the World Bank's Enterprise Survey data globally and not just the...
Persistent link: https://www.econbiz.de/10011395176
Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether infrastructure is in private or public hands. This paper...
Persistent link: https://www.econbiz.de/10010521578
The construction industry accounts for about one-third of gross capital formation. Governments have major roles as clients, regulators, and owners of construction companies. The industry is consistently ranked as one of the most corrupt: large payments to gain or alter contracts and circumvent...
Persistent link: https://www.econbiz.de/10010521638
This paper examines what we can say about the extent and impact of corruption in infrastructure in developing countries using existing evidence. It looks at different approaches to estimating the extent of corruption and reports on the results of such studies. It suggests that there is...
Persistent link: https://www.econbiz.de/10010521964
There are significant weaknesses in some of the traditional justifications for assuming that aid will foster development. This paper looks at what the cross-country aid effectiveness literature and World Bank Operations Evaluation Department reviews have suggested about effective aid, first in...
Persistent link: https://www.econbiz.de/10010522057
Persistent link: https://www.econbiz.de/10003784511